Articles from Vol. 12, No. 1, January

I. INTRODUCTION In recent years, several states have undertaken welfare-reform demonstrations that provide a richer set of education, job training, or support services to assist female household heads break the cycle of long-term welfare dependency...

1. INTRODUCTION The increasing difficulty (and cost) of expanding water resources and increasing urban and environmental demand for water are inducing changes in California's water policies. Agriculture accounts for 75 percent of all water used...

I. INTRODUCTION Countertrade (CT) grew dramatically in the world economy during the 1970s and 1980s. Common explanations for CT cite national strategies for overcoming foreign exchange and credit constraints and business strategies for creating...

I. INTRODUCTION The saving rate is a key performance indicator for development policy. Despite the crucial role that saving plays in the development process, economists have not reached conclusive answers about the role of various economic and...

I. INTRODUCTION Genetic diversity in the major U.S. field crops is an important defense against pest or disease epidemics. If most crop varieties have common characteristics due to common ancestors, then the crop may be susceptible to a new disease...

I. INTRODUCTION The service sector has accounted for virtually all U.S. job growth since 1972, employing 70 percent of the labor force in 1986 and 77 percent in 1990 (Carey and Franklin, 1991). However, international trade's demographic effects...

I. INTRODUCTION In the past three decades, scholarly economics journals and textbooks on money and banking have changed their view of monetary policymakers. During the 1960s, the almost universal view was that monetary policymakers were independent...

I. INTRODUCTION Many doubt that American workers have the skills needed to earn high wages in the competitive world economy. Three recent reports conclude that American firms' human resource practices perpetuate a low-skill use of the non-college...

I. INTRODUCTION Public awareness about the health and environmental consequences of agricultural chemical use has continued to grow following publication of Rachael Carson's Silent Spring in 1962. That concern led policymakers to form the Environmental...

I. INTRODUCTION Over the past decade, a number of studies have provided the methodology to estimate benefits of a regional economic integration. One can estimate the benefits from cuts in tariff and nontariff barriers to free trade as the sum...

I. INTRODUCTION Among all the indexes designed to give advance warning of business-cycle turning points, the Commerce Department's composite index of leading economic indicators (CLI) is the most widely publicized.(1) The popular press touts...